Major in Accounting
Houghton’s accounting major provides a broad exposure to management concepts, in addition to the core accounting courses. An understanding of management concepts, the development of leadership skills, and a firm grasp of accounting principles are all essential for the accounting professional.
The accounting major is designed to prepare students for accounting careers in public accounting, business, government and nonprofit organizations. The program includes Federal taxation, auditing, accounting theory and practice, current developments, and ethical considerations discussed in a Christian context.
Part of the accounting curriculum requirement is a two hour internship. Students can do an internship off-campus over the summer months or they can fulfill this requirement right on campus through participating in the Volunteer Income Tax Assistant (VITA) program, which is sponsored by the Internal Revenue Service. Students prepare tax returns free of charge for low income, elderly, and disadvantaged individuals using professional tax software. (A student receives 1 credit for each year he/she participates in VITA.)
The accounting major has a spreadsheet competency requirement. This is not a course requirement, but is rather a skill requirement. All students majoring in any program of the Department of Business & Economics must master a set of spreadsheet competencies.
Double-major option: students who wish to have a double major in Accounting and Business may accomplish this by taking Business Law I or II (whichever was not already taken as part of the Accounting Major), plus an additional 2 hours of Economics and another 2 hours of either Economics or Business.
Note that the student pursuing an Accounting Major automatically receives a minor in Business.
The student’s total curriculum for an accounting major with a minor in business will consist of:
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Integrative studies (IS) |
54 hours* |
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Pre/co-requisite |
14 hours |
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Major studies |
52 hours |
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Major electives |
12 |
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Electives |
4 hours |
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Total hours |
124 hours |
* Note that 62 of the 124 undergraduate college credits must be in liberal arts. Eight credits in the major (the economic courses and Business Communication) count as liberal arts and satisfy the Community area of IS. While Statistics does not satisfy the liberal arts requirement, it does satisfy the IS area of Quantitative Literacy.
Pre-Co-requisites:
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2 credits - Intro to Accounting (ACCT 201) |
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2 credits - Managerial Accounting (ACCT 212) |
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4 credits - Financial Accounting (ACCT 211) |
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2 credits - Intro to Economics (ECON 201) |
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2 credits - -Principles of Macroeconomics (ECON 211) |
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2 credits – Principles of Microeconomics (ECON 210) |
| Accounting Major (BS) - 66 Hours | ||
| Required courses for the major but without major credit | ||
| ACCT 201 |
Introduction to Accounting (with instructor's permissions, those students who took an accounting course in high school might be able to wave this course.) |
2 |
| ACCT 210 | Managerial Accounting | 2 |
| ECON 211 | Financial Accounting I | 4 |
| ECON 201 | Introduction to Economics (IS-Community) | 2 |
| ECON 201 | Microeconomics (IS-Community) | 2 |
| ECON 201 | Macroeconomics (IS-Community) | 2 |
| Sub-total | 14 | |
| Major Required Courses (includes Business Administration minor): | ||
| ACCT 311 | Intermediate Accounting I | 3 |
| ACCT 312 | Intermediate Accounting II | 3 |
| ACCT 314 | Cost Accounting | 3 |
| ACCT 315 | Auditing | 4 |
| ACCT 316 | Federal Income Tax | 4 |
| ACCT 418 | Advanced Accounting | 3 |
| BADM 212 | Principles of Management | 4 |
| BADM 213 or BADM 214 |
Business Law I or Business Law II | 4 |
| BADM 218 | Marketing Principles | 4 |
| BADM 301 | Business Communication (IS-community) | 2 |
| BADM 302 | Investment Management | 4 |
| BADM 309 | Statistics (IS-Quantitative Literacy Competency) | 4 |
| BADM 406 | Financial Management | 4 |
| BADM 421 | Internship | 2 |
| BADM 481 | Business Strategy and Policy (Senior Capstone) | 4 |
| Subtotal | 52 | |
| Double-major option: students who wish to have a double major in Accounting and Business may accomplish this by taking Business Law I or II (whichever was not already taken as part of the Accounting Major), plus an additional 2 hours of Economics and another 2 hours of either Economics or Business. | ||
